when are funds from maturing bond available?

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Topic Author
miket29
Posts: 1200
Joined: Tue Jun 20, 2017 9:07 pm

when are funds from maturing bond available?

Post by miket29 »

I have a Treasury bond held in a brokerage account that is maturing Jan 15th and I want to reinvest the proceeds. I'm wondering how the maturity process works. Do the funds get deposited in my account at the close of business on the 15th? Or is there a delay of a day or two? Or something else?
rbd789
Posts: 485
Joined: Fri Jul 24, 2020 2:58 pm

Re: when are funds from maturing bond available?

Post by rbd789 »

Answers may vary, so you may want to name your specific brokerage.

My experience at Fidelity is that you would see the funds available in the morning, on the 15th.
Topic Author
miket29
Posts: 1200
Joined: Tue Jun 20, 2017 9:07 pm

Re: when are funds from maturing bond available?

Post by miket29 »

rbd789 wrote: Fri Jan 10, 2025 4:38 pm Answers may vary, so you may want to name your specific brokerage.
It is Fidelity
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